By
Reuters
Reuters
Published
Nov 9, 2009
Nov 9, 2009
Escada jumps on asset buy story
By
Reuters
Reuters
Published
Nov 9, 2009
Nov 9, 2009
Escada autumn-winter 2009 |
A second trader says that he sees no real reason why investors would want to purchase the stock as Megha Mittal is only buying the assets of the German fashion house and not the company itself. The stock is just a "shell corporation" and should largely trade independently of the news, he adds.
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